Anshu Kumar Email & Phone Number

Bangalore Urban, Karnataka, India

Inventory Optimization Solution - Procurement & Liquidation Strategy - Returns & ReCommerce ll Value Recovery "I lead the Inventory Optimization Solution—specifically, the Liquidation Strategy, with a focus on Returns, ReCommerce and Value Recovery. My primary objective is to efficiently liquidate excess inventory to maximize investment recapture and make room for new merchandise. By employing innovative and proactive strategies along with multiple sales channels, we expedite the clearance of surplus stock, driving sustainable growth and profitability.Upon assuming this role, I established the department from the ground up, as it previously did not exist. I recruited and built a team with expertise in this unique domain and aligned with vendors capable of meeting our yield objectives. Furthermore, we have implemented systems to mitigate vendor disputes and credit note issues, which are common in this industry.These efforts have yielded significant benefits across various areas: we meet category requirements by removing long-tail inventory, thereby enhancing open-to-buy (OTB) opportunities; we improve working capital management for the finance department through expedited liquidation; and we free up space in fulfillment centers for new inventory, optimizing overall inventory hygiene. Collectively, these initiatives drive comprehensive improvements throughout the organization."

Bangalore Urban, Karnataka, India

Category - Footwear & Accessories"My entrepreneurial journey began with the ambitious goal of building a brand from the ground up. As a founding team member, I undertook a multifaceted approach to brand development. This involved strategic sourcing, which required frequent travel to China and Thailand to forge strong relationships with suppliers and build a robust supply chain to support the brand’s growth. Over six years, our efforts paid off significantly, and we positioned ourselves as one of the top 10 flip-flop brands in India, both offline and online, with remarkable growth in the initial years following our launch.In parallel, I focused on brand building through meticulously crafted marketing campaigns designed to resonate with our target audience. I developed a comprehensive omnichannel strategy that seamlessly integrated various platforms, enhancing our visibility and expanding our reach by bridging online and offline channels. Finance management was another critical aspect of my role. I oversaw working capital and P&L, ensuring the company’s financial health and operational efficiency through precise planning and continuous monitoring. This included optimizing resources and driving profitability. A significant milestone was the establishment of our warehouse operations. I implemented a streamlined, efficient system that facilitated smooth logistics and inventory management, ensuring seamless operational processes.Additionally, I was dedicated to developing our HR, talent, and reward systems. I aimed to foster a positive and productive workplace environment by implementing policies and practices designed to enhance employee satisfaction and support professional growth.Each challenge faced and milestone achieved throughout this journey played a crucial role in the brand's evolution and success."

Bangalore Urban, Karnataka, India

Category - Women's & Kid's Footwear"I led the end-to-end category business P&L for Women's & Kid's footwear at India's largest fashion e-commerce company. My responsibilities included managing the complete P&L for these categories, driving strategic initiatives to enhance growth and profitability. I oversaw inventory management, ensuring optimal inventory hygiene and effective working capital utilization to support business operations. By conducting comprehensive competitive benchmarking, I informed strategic decisions and enhanced market positioning. I also analyzed market trends and competitor strategies to identify opportunities for revenue growth and improved profitability.I was a key member of the core team responsible for the launch of the Lifestyle category on Flipkart, actively participating in all related initiatives.Through these efforts, I successfully contributed to the sustained growth and profitability of the Women's & Kid's footwear categories. These categories contributed 42% of the overall footwear category revenue in the first few months following the launch, and we maintained healthy growth thereafter. This reinforced the company's position as a market leader in the fashion e-commerce space."

Bangalore Urban, Karnataka, India

Category - Men's Apparel & Accessories"As a key member of the Lifestyle category team, I led the Men's division, which significantly contributed over 39% to the total revenue of the Lifestyle category. In this role, I played a critical part in preparing the annual and monthly budgets, working at both the organizational and regional levels for the prominent hypermarket store, Total. My responsibilities extended beyond financial planning to include meeting both topline revenue targets and bottomline profit margins for the Men's category.I provided strategic insights to management, helping to shape decisions that aligned with our business objectives. This involved detailed analysis of market trends, customer preferences, and competitive positioning. Additionally, I collaborated closely with cross-functional teams to ensure a seamless customer experience. Our efforts focused on maintaining consistency with the brand's values and achieving our revenue objectives. This holistic approach not only enhanced customer satisfaction but also contributed to the sustained growth and profitability of the Men's division within the Lifestyle category."

Bangalore Urban, Karnataka, India

Category - Footwear & Accessories (Prateek Lifestyle Pvt Ltd)"As the Head of Footwear and Accessories at Coupon & FSquare, I oversaw a portfolio encompassing over 100 brick-and-mortar locations and a comprehensive omnichannel strategy, contributing more than 17% to the company's total revenue. My responsibilities included driving profitability across all channels and stores, achieved through close collaboration with cross-functional teams, including Operations, Marketing, and Strategic Planning.Additionally, I spearheaded initiatives to enhance cost efficiency and operational effectiveness, often by rethinking traditional approaches and implementing innovative solutions that delivered both savings and value. I was also responsible for developing and refining business models to capitalize on new growth opportunities, ensuring they aligned with the company’s strategic objectives and long-term goals."

Bangalore Urban, Karnataka, India

Category - Men's Apparel & Accessories"As a key contributor to the Men's category team, I played a pivotal role in range building and product selection, ensuring that our offerings met market demands and aligned with brand strategies. I was responsible for coordinating brand-specific replenishments to maintain optimal stock levels and support sales performance.My efforts focused on enhancing store performance and maximizing revenue, ensuring that our product offerings consistently met customer expectations and supported our business objectives. By effectively managing inventory and aligning product availability with market needs, I contributed to the overall success and profitability of the Men's category."

Advanced Professional Programme In Business Management, Lsba Programme Accredited By Continuing Professional Development (Cpd) (Membership Number : 18464)

Activities and Societies: (LSBA is registered under the UK Learning Provider Reference Number 10094162)The course content and design are.

Ccmp, Compliance Professional

Activities and Societies: Compliance Advocate Learning and AssessmentCertified Capital Market Professional (CCMP) covers essential.

Cpt (Apparel Manufacturing/Technology)

The course curriculum is designed to introduce key disciplines such as apparel manufacturing technology, information technology.

B.Sc. (Fashion, Apparel & Design)

This specialized degree program offers in-depth education and training with a comprehensive understanding of the fashion industry ranging.